This Independent Label License Agreement is between a musical artist and an independent music label who agrees to promote artist's music and license the rights to artist's recording(s). This license agreement sets out the details regarding the arrangement including the songs the label will license, rights the artist will grant to the label and how the recordings will be delivered to the label. It is imperative that this business transaction be clearly set out in writing. A written Independent Label License Agreement will prove useful in the event of disagreements, misunderstandings or litigation between the artist and the independent label. This Independent Label License Agreement includes the following provisions: Parties: Names of both the independent label and the artist; Recordings and Records: Titles of the songs which will be licensed and recorded on a master recording, along with its title; Grant of Rights: Sets out that independent label will be the exclusive licensee of the master recording for a set time period and the inherent rights the artist grants to the label during this period; Territory: Specific territory in which rights to the recording are granted; Name and Likeness: Independent label has the right to use artist's name and likeness in order to promote and advertise the recording; Advances/Royalties/Singles: Sets out the formula for payment of any advances, royalties or for release of a single; Videos: Independent label and artist will mutually agree upon the budget and production costs of any video in which the label will retain worldwide rights; Signatures: A representative of the independent label and artist and/or a representative of artist must sign this license agreement. Protect your rights and your property by purchasing this attorney-prepared form. This attorney-prepared package includes: General Information Instructions and Checklist Independent Label License Agreement State Law Compliance: This form complies with the laws of all states